Consumers should look out for unexpected international transaction fees when buying online from major brands, the ACCC has warned. Even websites with a .com.au domain name or that appear to be Australian based may process transactions overseas, meaning consumers can get charged an international transaction fee even for a purchase made in Australian dollars. The…Read More Consumers urged to look out for unexpected international transaction fees
ASIC has seen a rise in the number of investment scam reports from Australian consumers and investors during the COVID-19 (coronavirus) pandemic. Reports of misconduct received by ASIC from March to May 2020 are up 20% compared to the same period last year. ASIC Executive Director for Assessment and Intelligence Warren Day said economic uncertainty…Read More Rise in investment scams during COVID-19 pandemic
A CHOICE analysis has found over 1 in 3 Australians faced more expensive essentials at the height of coronavirus. The consumer advocate has also found freezers were a key item to face steep price rises as lockdowns came into effect. CHOICE’s Consumer Pulse survey** asked respondents if “the prices for essential goods were generally higher…Read More Coronavirus price gouging – what went wrong?
Working from home has specific cyber security risks, including targeted cybercrime. The Australian Cyber Security Centre (ACSC) has tips when working from home. Consumer groups are pushing for stronger cybersecurity responses from governments, internet providers and manufacturers, with clear and actionable guidance for consumers. Standards Australia has joined with AustCyber, industry leaders and the NSW…Read More Working from home and cybercrime – how safe is my information?
Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today. There were more than 353,000 combined reports to Scamwatch, other government agencies and the big four banks last year. “Unfortunately it is another year with devastatingly high losses, and scammers are constantly finding…Read More Scams cost Australians over $630 million
The Morrison Government has directed the Australian Competition and Consumer Commission (ACCC) to monitor domestic air passenger services for a period of three years. The Government has consistently said Australia’s national interest is best served through having a sustainable, competitive aviation sector. ACCC monitoring will assist in protecting competition in the domestic passenger airline market,…Read More ACCC directed to monitor domestic air passenger services
Protection given by a helmet for recreational activities goes a long way in preventing serious head injuries. The recently published third edition of the Australian/New Zealand standard AS/NZS 2063:2020 Helmets for use on bicycles and wheeled recreational devices addresses these concerns. The objective of the updated Australian/New Zealand standard is to provide lightweight helmets that…Read More Why you should use a helmet when skateboarding or cycling
People who use foreign currency conversion (FX) services now have greater access to accurate online calculators to help compare prices, but the ACCC says greater transparency is still needed at a time when many Australians are sending money to family and friends overseas. The ACCC’s Foreign currency exchange services inquiry report, released in September last…Read More Easier comparisons now available for foreign currency conversions
The Public Interest Advocacy Centre, the Australia Institute, and Total Environment Centre today welcomed a ‘demand response’ reform of Australia’s electricity market that will improve reliability and reduce prices for consumers. The groups also welcome the AEMC’s decision to maintain the early, 2021 implementation date for the rule which they had advocated for. The three…Read More Major consumer-led energy reform finalised
Consumer advocate CHOICE has written to the Victorian Consumer Affairs Minister Marlene Kairouz with proposed legislation to stop price gouging on essentials during a crisis. “The past few months have shown us that in a crisis, consumer protections for Australians are the first thing to go.” says Amy Pereira, CHOICE Campaigner. “We need strong protections…Read More CHOICE calls for urgent price gouging legislation to protect Victorians in future crises
UNCTAD is calling on governments to intensify efforts to protect consumers. Written by Pamela Coke-Hamilton, Director of International Trade and Commodities, UNCTAD. Global lockdowns to contain the spread of COVID-19 currently affect half of the world’s population and 4.5 million flights are expected to be cancelled until 30 June. The UN World Tourism Organization estimates that international…Read More Airlines must respect consumers’ rights: UNCTAD
While many of us have already hauled out the winter woollies, electric blankets and hot water bottles, the first official day of winter is the perfect time to check they’re still safe to use. Commissioner for Consumer Affairs Dini Soulio said a number of winter warmer products may pose a safety risk if they are…Read More Hot safety tips for consumers in cold weather